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Technical Analysis Fallacy

  • #52,741
  • Edited 6:45pm Jul 29, 2015 6:21pm | Edited 6:45pm
Quoting loveandpeace
Thanks for answer Mr. FTI I had TWO questions, did you Reply both?? I have to read Again and again your answer To understand them, you talk Philosopher., but I am still a Student. Take care.

of what? financials studies?

on serious note , i do not encourage you even demo markets.
please take my advicement, i hope.

i not like to sound condescending. but the thread is about trading skills.
what are you asking me?
You seriously expect me answer?

I seriously telling you. Listen carefully. please
Do not try to trade.


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regards
  • #52,742
  • Jul 29, 2015 6:22pm Jul 29, 2015 6:22pm
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  • #52,743
  • Jul 30, 2015 3:26am Jul 30, 2015 3:26am
Quoting fti
{quote} of what? financials studies? on serious note , i do not encourage you even demo markets. please take my advicement, i hope. i not like to sound condescending. but the thread is about trading skills. what are you asking me? You seriously expect me answer? I seriously telling you. Listen carefully. please Do not try to trade. https://www.youtube.com/watch?v=NeXMxuNNlE8 regards

Cool lift........... let's make lifts more fun....sorry elevator


Alex
check out the terrain - follow never lead
  • #52,744
  • Edited 3:43am Jul 30, 2015 3:26am | Edited 3:43am
Twisted minds, it can accept anything.
mind your mind. lest desperation creates you.
makes me want to cry, but then i remembered karma.
One becomes what one creates.


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  • #52,745
  • Jul 30, 2015 3:30am Jul 30, 2015 3:30am
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check out the terrain - follow never lead
  • #52,746
  • Jul 30, 2015 3:34am Jul 30, 2015 3:34am
Quoting fti
{quote} Aux, beach has become a difficult thingy these days. Too much over crowding. was toying with this idea before becoming sick and unable. maybe you may like it. was catching up on solar and wind energy and extraction of drinking water from atmosphere too. Thailand(the vernice of the east) would be nice place to impliment this. And they give retirement visas easy. Like i said , for me, now degraded into just a dream. But still i hoping to see if i can get well enough , just do it. Last thing i want to do, in my life. regards {image}...
Dear Master,

I came across one of this old post of yours. I have sent some links for you.

http://earthship.com/
https://en.wikipedia.org/wiki/Earthship

Hope you like it.
  • #52,747
  • Jul 30, 2015 3:47am Jul 30, 2015 3:47am
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check out the terrain - follow never lead
  • #52,748
  • Jul 30, 2015 7:07am Jul 30, 2015 7:07am
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  • #52,749
  • Jul 30, 2015 7:40am Jul 30, 2015 7:40am
grow up baby

and bite me
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  • #52,750
  • Jul 30, 2015 9:27am Jul 30, 2015 9:27am
Quoting fti
{quote} of what? financials studies? on serious note , i do not encourage you even demo markets. please take my advicement, i hope. i not like to sound condescending. but the thread is about trading skills. what are you asking me? You seriously expect me answer? I seriously telling you. Listen carefully. please Do not try to trade. https://www.youtube.com/watch?v=NeXMxuNNlE8 regards
I asked you questions, and you are
Telling me NOT to trade even demo.
????

This is kind of RUDE, I thought you were
Not. I would not mind if anyone ask me
For anything.

If you do not have the answer, just say
You do not know., this is also an
Answer.

I read somewhere in your thread that
You would not mind if anyone asking
You any question, even a silly one.

You HURT my feelings. No more question
For you.

Take care,

Ever praying for your and for your family.
loveandpeace
  • #52,751
  • Jul 30, 2015 9:34am Jul 30, 2015 9:34am
Quoting loveandpeace
{quote} I asked you questions, and you are Telling me NOT to trade even demo. ???? This is kind of RUDE, I thought you were Not. I would not mind if anyone ask me For anything. If you do not have the answer, just say You do not know., this is also an Answer. I read somewhere in your thread that You would not mind if anyone asking You any question, even a silly one. You HURT my feelings. No more question For you. Take care, Ever praying for your and for your family. loveandpeace
pardon me, please calm your heart. I think you misunderstand what FTI said.

Do not trade? yes absolutely for me. forex is not trading. if we want to trade then open a business, like open a french stylish restaurant or anything on that we can call "trade".
re read again our thinking for understand what FTI said.
we don't predict, we only ride
  • #52,752
  • Jul 30, 2015 2:41pm Jul 30, 2015 2:41pm
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-be careful about what you allow to be put in your mind-
  • #52,753
  • Jul 31, 2015 3:50am Jul 31, 2015 3:50am
Quoting loveandpeace
{quote} I asked you questions, and you are Telling me NOT to trade even demo. ???? This is kind of RUDE, I thought you were Not. I would not mind if anyone ask me For anything. If you do not have the answer, just say You do not know., this is also an Answer. I read somewhere in your thread that You would not mind if anyone asking You any question, even a silly one. You HURT my feelings. No more question For you. Take care, Ever praying for your and for your family. loveandpeace

Excuse me but FTI was/is not rude (well we all get annoyed sometimes don't we)...read what he said again and take it on board. If you want to learn from FTI then read the thread.... simple questions then use services easily available out there....so go search for it. The thread has lots more depth to it than you may realise and you will need to be up for the fight and the work. Maybe look at your own reactions to what he said?

You would be mad to walk away from this thread IMO so dust yourself off and learn from it... get into the vibe and all will become clear over time........

Regards
check out the terrain - follow never lead
  • #52,754
  • Edited 12:21pm Jul 31, 2015 11:15am | Edited 12:21pm
Quoting loveandpeace
{quote} I asked you questions, and you are Telling me NOT to trade even demo. ???? This is kind of RUDE, I thought you were Not. I would not mind if anyone ask me For anything. If you do not have the answer, just say You do not know., this is also an Answer. I read somewhere in your thread that You would not mind if anyone asking You any question, even a silly one. You HURT my feelings. No more question For you. Take care, Ever praying for your and for your family. loveandpeace
so sorry that you think i was rude.

Is your choice , if you want the advicement.

This markets is playground for the fast draws. Peeps who can swing draw and shoot then sit down for dinner.
You cannot, because you not even understand the price quotes you given.
If i was rude , is because i not want see a road kill.

There's such things as silly questions, but if you ask me if mom is woman. I reserve right to answer you.

Of course i not know the answer. I only traded pro most of my adult life.
by the way i nearing probably your grandfathers age.
The picture you seeing was nearly 4 decades old.
bad manners?

old peeps knows things that the young may not notice.
If you ask me, you walk into the arena, you ...............at your own risk.
DON'T walk into a gun fight with a stick.


regards

In fact , i answered both you questions.
You didn't understand, because you didn't.
  • #52,755
  • Aug 3, 2015 6:21am Aug 3, 2015 6:21am
Quoting loveandpeace
{quote} I asked you questions, and you are Telling me NOT to trade even demo. ???? This is kind of RUDE, I thought you were Not. I would not mind if anyone ask me For anything. If you do not have the answer, just say You do not know., this is also an Answer. I read somewhere in your thread that You would not mind if anyone asking You any question, even a silly one. You HURT my feelings. No more question For you. Take care, Ever praying for your and for your family. loveandpeace

Maybe a language barrier here? I've read both of your posts and the reply. Personally I don't find the responses rude.

What I do see is a miss understanding in the tone of what is written. I find Fti's responses to be direct and sometimes cryptic maybe even thought provoking but not rude.

To help you out.

Eur/USD you are trading 1 euro to the value of what ever your chart is saying. The chart is showing you the price in $$ for instance if you where looking at GBP / JPY then your trading £1 to the value of the Yen (193.4) last time I looked.

I think the reason you were shot down so to say is because this thread isn't really for the basics. Most of us will understand the basics and may even have traded for a few years. Fti comes from a different world to us (as far as forex is concerned).

If you do use a demo account, I would suggest only using it to learn the mechanics of trading. For example, how to buy, sell, how margin works and leverage.

Take it from me, learning to trade on a demo account is damaging. You develop bad habits and a 'its not real money' attitude. When you start to trade live you take these habits over to your live trading. Demo and live are not the same, you WILL lose all your money I can be 100% sure of it. 95% of people lose.

My Advice to you is;

Use a demo to learn mechanics of trading - a few weeks or so
read read read forex education material. (support / resistance / pivot points / fib levels / margin / leverage / chart patterns -- there are loads but this will give you something to start with.

When you have a basic understanding of the above concepts PAPER TRADE. Get a blank book. Check your charts pick where you would buy and write it down in the book. Make a note as to why you picked this point, how much money would you have risked? and an ideal price to exit? (you wont live trade like this but its a good starting point that teaches the correct thought process)

Do this for a month. If you can dedicate a month to paper trading then you are ready for the next step...

More education..

DONT OPEN A LIVE ACCOUNT UNTIL YOU ARE PROFITABLE ON PAPER.. you might as well just throw your money away..

Feel free to contact me directly if you want some advice, or an idea where to start your research as it is outside the theme of this thread.
  • #52,756
  • Aug 3, 2015 10:29am Aug 3, 2015 10:29am
hi frens, if you are in sg, dont miss this!

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THE ALL is MIND; The Universe is Mental
  • #52,757
  • Aug 5, 2015 7:31am Aug 5, 2015 7:31am
Trapped em good those pigs...... who was it that said 2nd attempt take it, 3rd attempt trap , 4th etc etc..... oh yes FTI (thank you so very much for nice lessons........).

Accumulation zone held so strong .... could feel the games and the end of the games........ amazing how you question yourself with those games but held out, relaxed and waited. Oh and those naughty spies.......
check out the terrain - follow never lead
  • #52,758
  • Aug 5, 2015 8:35am Aug 5, 2015 8:35am
Quoting alexandria
Trapped em good those pigs...... who was it that said 2nd attempt take it, 3rd attempt trap , 4th etc etc..... oh yes FTI (thank you so very much for nice lessons........). Accumulation zone held so strong .... could feel the games and the end of the games........ amazing how you question yourself with those games but held out, relaxed and waited. Oh and those naughty spies.......

Which pair are you trading Alexandria?
  • #52,759
  • Edited 8:49am Aug 5, 2015 8:38am | Edited 8:49am
Quoting Talzus
{quote} Which pair are you trading Alexandria?
Hi

This morning I traded gbp then eur.... not doing anything at mo re big news due... oh and lost feel now due to over pleased with self for waiting... need humility to trade.

Alex
check out the terrain - follow never lead
  • #52,760
  • Aug 6, 2015 5:38am Aug 6, 2015 5:38am
Quoting fti
Apologies -no mentor, or course, or literiture can give anyone the holy grail to the secrets of success in trading in the markets. -"and no one, sells the goose that lays golden eggs, probably the eggs, but never the goose" Nevertheless, I will humbly attempt. Since the late 70s and into the millinium. Many "engineers" have made public, their inventions of reading probabilities into Technical Indicators. Many Technical Analysis Gurus came to the forefront to sell their research findings. To name a few, The Grand daddy being Charles Dow and his Dow...
I just like the way you put it """ The market is a live beast that learns and adapts to trader behavior!""" so we are beasts ...haha lol!
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